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Relesys

Relesys

Relesys A/S: Approval from Nasdaq Copenhagen of request to remove shares from trading on Nasdaq First North Growth Market Denmark

12:28 / 13 May 2024 Relesys Press release

Relesys A/S | Company Announcement
Company announcement no. 10-2024
Copenhagen, 13 May 2024

Relesys A/S ("Relesys") announced in company announcement no. 9-2024 earlier today that a request to Nasdaq Copenhagen ("Nasdaq") had been submitted regarding the removal of trading of Relesys' shares from Nasdaq First North Growth Market Denmark.

Relesys hereby announces that Nasdaq today has approved the request to remove Relesys' shares from trading based on the simplified procedure pursuant to rule 2.6(c)(i) of supplement D to the Nasdaq First North Growth Market Rulebook for Issuers of Shares dated 19 April 2024, as Copilot now holds more than 90% of the shares and the voting rights in Relesys.

Nasdaq Copenhagen has confirmed that the last day of trading of Relesys' shares on Nasdaq First North Growth Market Denmark will be on 14 May 2024.

Compulsory redemption
All remaining minority shareholders in Relesys are expected to be requested by Copilot, by separate notice on 15 May 2024, to transfer all their remaining shares in Relesys to Copilot within a four-week period expected to end on 12 June 2024, in accordance with sections 70 and 72 of the Danish Companies Act.

Certified Adviser for Relesys
Grant Thornton
Stockholmsgade 45
2100 Copenhagen Ø
Denmark

ABOUT RELESYS

Relesys is a Software-as-a-Service (SaaS) company founded with the sole purpose of creating a more engaged and united workforce. The communication and performance platform enables companies to strengthen their internal communication and performance by providing employees access via an intuitive user-friendly app, with all the information they need to succeed with their jobs, thus improving the overall performance. Relesys has a strong product-market-fit within the retail industry, but the platform has proven valuable for other industries where a large proportion of the workforce is not working from a desk in front of a computer and who are isolated from the rest of the organization. Relesys provides a scalable software solution and has already a proven track record internationally. At the end of 2023, Relesys had 196 clients with more than 396,000 licenses in 97 countries and supports 33 different languages. The customer base of Relesys includes brands such as Salling Group, COOP, NorgesGruppen, Specsavers, Bauhaus, Matas, Telia, Carlsberg Danmark, Amcor, and Vestas, together with several other market-leading brands.

ABOUT COPILOT
Copilot is a lower mid-market buyout fund dedicated to growing the next generation of European software and data champions. Copilot strategically partners with companies generating €5-€15 million in annual recurring revenue (ARR), guiding them on a path to €50 million ARR and beyond.

Copilot employs proven, repeatable strategies designed to accelerate the growth of market leading products. Copilot's active approach embraces calculated risk-taking and aims for excellence. 

Copilot is based in London. Find out more here: www.copilotcptl.com.

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